Crowd funding can best be described as:

A) raising funds in a very large market
B) raising small amounts of money from large numbers of people
C) many firms competing for the same source of funds
D) making funds available for a large number of business start ups

B

Economics

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Suppose that the Home country in the twosector (manufacturing and agriculture) specificfactors model has a comparative advantage in manufacturing output. What will happen to the amount of land used in producing agricultural output when trade occurs?

a. It will fall. b. It will rise. c. It will not change. d. It will first fall, then rise.

Economics

Explain how the currency drain ratio affects the size of the money multiplier. In your explanation, suppose that in one round of the money creation process a bank gains $1 million in new deposits and reserves

Further suppose that the desired reserve ratio is 10 percent and the currency drain ratio is 50 percent.

Economics